MADISON (Aug. 32, 2022) — In the coming weeks, applications could become available for student loan forgiveness under the new Biden administration plan.

In states like Wisconsin, borrowers might have to make note of some tax implications. The Biden plan, which includes income requirements, provides loan forgiveness of up to $10,000 for federal Direct loans, and up to $20,000 for Pell Grant recipients.

(Copyright © 2022 APG Media)

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